3
QuizMultiple Choice

Simple Interest

Question 3 • TCHS VV Financial Math A

Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields 3.7% simple interest annually, how big was the initial deposit?a.$1,806b.$2,282c.$4,095d.$7,000

Answer
A
A
B
B
C
C
D
D
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